Occasional reflections on Life, the World, and Mathematics

Extra cash


The EU is once again infringing on the British yeoman's ancestral freedom:

Fees for paying with plastic – most commonly a credit card – are routinely levied on everything from low-cost flights and tax bills to cinema tickets and takeaway meals, but the Treasury announced that these would be consigned to history from January 2018.

The government said the move, which builds on an EU directive, would mean “shoppers across the country have that bit of extra cash to spend on the things that matter to them”.

I'm just wondering: If the effect of this regulation is to leave people with more cash to spend, isn't that defeating the purpose? Anyway, I'm sure we can return to credit-card fees (and mobile roaming charges) just as soon as we're out from under the Brussels yoke.

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